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Restaurant Management Agreements



Talented entrepreneurs embark on the exciting journey of opening exquisite restaurants adorned with captivating decor and extraordinary menus. They hire competent individuals to oversee operations, anticipating swift and substantial profits. However, the reality often falls short of these expectations. While each restaurant's unique circumstances contribute to its performance, certain fundamental factors can significantly impact owner-managed businesses. Restaurants heavily rely on historical data to make informed decisions and adapt to evolving trends. When this data is delayed, overly complex, or nonexistent, the restaurant operates reactively, causing frustration for the owner. Managers become stressed, and staff turnover escalates.

Soon, the pursuit of stability prompts cost-cutting measures. Menu alterations are made to reduce costs of goods sold and labor expenses. Vacant managerial roles go unfilled, burdening existing teams with longer working hours. Customers detect the sense of desperation, leading to a decline in repeat visits or outright disappearance. Morale plummets as guest counts decrease. Negative word-of-mouth spreads, and the business spirals into a downward trajectory, eventually leading to closure. The owner may attribute the failure to their teams, economic factors, or even self-blame, but the root issue lies elsewhere. The independent restaurant sector often lacks the crucial discipline required for effective operation.


Owners and managers may not possess the knowledge needed to establish it.

Managers, despite their position within the organizational hierarchy, require leadership. They, too, need to work within a framework consisting of guiding principles, cultural aspirations, a robust operational structure, and mechanisms for accountability. Without this solid foundation, managers tend to replicate the practices they learned in previous roles. To use a sports analogy, they're following another coach's playbook without the presence of that coach to assess, engage, and adapt it to the new (your) team. Before long, the management team unravels, leading to chaos.

In the hospitality industry, every guest arrives with expectations. To truly excel, managing these expectations is insufficient – you must consistently surpass them. Sounds easy, doesn't it?

Jimmy Carey RESTAURANT MANAGEMENT AGREEMENT: A Proven System for Guiding and Achieving Success

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